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The Bureau of Labor Statistics is slated to release Consumer Price Index numbers for September on Thursday, and if you're planning to buy a home soon, you'll want to pay attention to this report.
Mortgage rates spiked quite a bit last week, with 30-year mortgage rates reaching a high of 7.58%, according to Zillow data. Rates remain elevated this week, but they could start inching down soon.
When mortgage rates will fall largely hinges on inflation, and this week's CPI data will give us the latest look at how prices are trending.